Wednesday, December 30, 2020

VXX - Testing Panic Gap

VXX is testing the panic gap from February. It probably will be a fast dip when it fills. Interestingly the trendline trajectory is lining up with the Inauguration January 20th. Daily

Thursday, December 10, 2020

$SPX - Comparison to 2016

SPX is mimicking 2016. Both years saw lows around March, with June and September corrections, and rally after the Elections. In 2016 there was selling in later December and then a larger selloff March and April. 2 hour chart

Monday, December 7, 2020

KODK - MAGA Money!

Kodak is on the move, and it happened on the December 7th turn date. Price is consolidating currently working off overbought conditions on the daily chart. Weekly chart looks very impressive with golden cross and aggressively rising slope on the weekly 50 moving average. Let's see the breakout!

Friday, December 4, 2020

SVXY - Lights, Camera....Action

There is going to be action in volatility coming soon, and it is time to watch this closely. The fact SVXY has recovered so little (half it's losses) compared to SPX confirms that Volatility remains king. Daily